1, BAILEY ROAD, CROMER, NR27 0JQ - £244,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BAILEY ROAD is a midsized detached house of 103m², built sometime between 1991 and 1995. It was last sold for £244,000 in December 2019, which was around 31% below the average December 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 BAILEY ROAD Sold Prices

Land registry data shows four sales for 1 BAILEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the four 1 BAILEY ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 20 DEC	£244,000	£353,699	31% below HPI
2017 10 NOV	£266,000	£335,916	21% below HPI
2007 14 AUG	£124,500	£251,809	51% below HPI
1999 21 MAY	£78,500	£83,821	6% below HPI

1 BAILEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The four 1 BAILEY ROAD sales between May 1999 and December 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 BAILEY ROAD?

1 BAILEY ROAD is 103m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where 1 BAILEY ROAD lies on this distribution: 46% of detached houses are smaller than 1 BAILEY ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Cromer.

1 BAILEY ROAD: Plot and Title Map

1 BAILEY ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 BAILEY ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BAILEY ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BAILEY ROAD?

1 BAILEY ROAD is located in CROMER, in the NR27 postcode district. The below map shows the position of No. 1 on BAILEY ROAD.